Same car, same borrower — a far cheaper loan.
Car loan balance transfer that saved ₹2.1 L over the tenure
Amount
₹2.1 Lakh saved
Category
Used Car Loan
Profile
Salaried borrower stuck on a high-rate legacy loan
The Challenge
The borrower was paying 13.5% on a car loan taken in a hurry from the dealer's in-house financier, with four years still to run.
How We Structured It
We moved the outstanding balance to a partner bank at 9.4%, accounted for transfer fees, and confirmed the move was clearly net-positive before recommending it.
The Outcome
EMI dropped, and total savings over the remaining tenure came to ₹2.1 Lakh after all charges.
Your Next Financial Goal